IBIT has soared to US$40 billion in assets, eclipsing every ETF launched in the past decade.
To put this in perspective, the previous record holder — the iShares Core MSCI Emerging Markets ETF — took nearly six times longer to achieve similar success.
The velocity of growth is particularly noteworthy. IBIT added US$10 billion in assets in just two weeks, and has attracted over US$28 billion in inflows this year alone, securing its position as the fourth-largest US ETF by 2024 inflows. It’s the only crypto product in the top ten, standing shoulder to shoulder with traditional powerhouse funds.
This represents a clear signal that Bitcoin has crossed a critical threshold in mainstream finance. Traditional investors who once viewed crypto with skepticism are now allocating significant capital through familiar, regulated vehicles.
BlackRock’s success suggests there’s more to this than a mere trend — this could be the beginning of digital assets becoming a permanent fixture in institutional portfolios.